Forex Trading Library

EURUSD 2017-10-26

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As we see over our previous chart and as we advised yesterday

Euro still holding trades inside our Short-Run trading zone between 1.1660 and 1.1860

Market managed to advanced near resistance 1.1840-60 where market start early with drop intention

As long as market holding below 1.1840-60 another drop wave toward 1.1680-1.1700 zone will be expected

Above 1.1910 more advance toward 1.2000-30 zone is expected

Below 1.1660 market may enter new downtrend wave that may target 1.1550 and 1.1400

  Support Resistance
Level 1 1.1800 1.1840-60
Level 2 1.1770 1.1910
Level 3 1.1680-1.1700 1.2000
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